AgResource Weekly Newsletter, July 7
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Private Client: Trade
Buy 2 December $7.00 corn calls at $0.10. Hold.
CBT Corn Bounces from Key $5.20 Dec Support;Midday Forecast Drier for E Midwest with High Pressure Ridge in Extended Range;CONAB Thurs
Carryover Corn Fund selling from Tuesday – Weakness in the Grains Extends: CBT grain futures are lower while the soybean market hangs in the green on end user pricing and active soy/corn spreading. December corn has fallen back to last week’s low which completely erased last week’s NASS Stocks/Seeding rally. Soy futures are holding stout…
